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52 Academy Street Poughkeepsie, NY 12601

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For Sale
$700,000

Multi-family property with two vacant parcels in prime location.

Type:Commercial
Added:
Apr 8, 2026
Days on Market:
12
Last Refresh:
Apr 8 at 8:10 pm

Property Features for 52 Academy Street

General Information

Standard status
Active
Property subtype
Commercial

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Listing Contact
GINALEA HEALY

Listing agent GINALEA HEALY License #10401298074

Listing office K. FORTUNA REALTY, INC.

Listing date Apr 8, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of K. FORTUNA REALTY, INC.


Overview

Downtown Poughkeepsie Development Opportunity

Located in Downtown Poughkeepsie, this offering includes a multi-family property and two adjoining vacant parcels. The existing multi-family structure features large residential units with rental potential, presenting a value-add investment opportunity. The two additional vacant parcels create redevelopment possibilities, allowing for expansion of the current building, new residential units, or a mixed-use concept. Situated within the MU-5 (Mixed-Use 5) zoning district, the property allows for multi-family residential development, retail, office, and service-based uses, with potential for up to 5 stories and bonus height opportunities up to 7 stories. The location is near the business district, courthouse, and train station. This property is suitable for an investor or developer looking to combine immediate income with long-term upside in an active growth area.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Poughkeepsie
County
Dutchess
State
New York
Longitude
-73.9270783
Latitude
41.7007796

FAQs

What type of property is this?
Multifamily property - Multi-family property with two vacant parcels in prime location.
Where is this multifamily property located?
The property is located at 52 Academy Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Multi‑Family Property with Two Adjoining Vacant Parcels: Offering immediate income and future development potential.; MU‑5 Zoning: Allows for multi‑family residential, retail, office, and service‑based uses with potential for up to 7 stories.; Value‑Add Opportunity: Existing multi‑family structure with strong rental potential through renovations.
More about this property
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